FTX Payment Update 2026: Next Distribution Date & Timeline

Overview: Where FTX Repayments Stand Right Now

FTX's fifth distribution began on July 31, 2026. The Recovery Trust's August 27 court filing reports $908 million distributed to service providers or directly to creditors in that round; this does not mean every eligible creditor has received their funds. No official date has been announced for the next distribution. PAXTIBI estimates a record date around mid-December 2026 and a payout around late January 2027. This is an estimate, not an FTX date. This guide explains the payment timeline and what to check on your own claim.

Court calendar: the next omnibus hearings are on November 19 and December 17, 2026. FTX has not announced a record date for the sixth distribution as of Oct 20, 2026.

Want to compare your FTX claim against today's crypto prices? Use the SBF stole my crypto calculator to see the gap.

FTX Distribution Dates: Latest Payout and Next Round

FTX has made five distributions. The first began on 18 February 2025, with a record date of 3 January 2025, paying about $454 million to holders of allowed Convenience claims. The gap from record date to payout was 46 days. The table below lists all five rounds. Subsequent record and payment dates remain unannounced. PAXTIBI estimates a record date around mid-December 2026 and a payout around late January 2027. This is an estimate, not an FTX date. Check your Distribution Dashboard for your own payout status.

Missed the fifth payment? See FTX 5th distribution not received: six Step 8 checks.

Live in a restricted country? See FTX restricted jurisdictions: the full list of 44.

Last checked: Oct 20, 2026

Check your own claim with our FTX claim calculator.

Our estimate for the next record date: around mid-December 2026 (not official)

Sources: FTX Recovery Trust distribution report, filed August 27, 2026; official FTX announcements. First round: FTX initial distribution notice, 7 February 2025; FTX Recovery Trust Q1 2025 report, Exhibit C; FTX initial record-date announcement.

In total, more than $11 billion has been distributed: $10,312 million through June 30, 2026 (Q2 2026 report, D.I. 36154, Note 11), plus $908 million in the fifth round reported in the August 27, 2026 filing.

FTX Step 8 onboarding deadline: around January 31, 2027

FTX's Distributions Dashboard FAQ says that a holder of an allowed claim who does not complete onboarding with a distribution service provider (Step 8 of the FTX claims portal) within six months from the July 31, 2026 distribution date may forfeit their right to receive distributions on that claim. Six months from July 31, 2026 is about January 31, 2027. Your own FTX notice gives the date that applies to you.

Step 7 has a separate limit: the tax form must be completed within 90 days of FTX's first notice after each record date, or that distribution is permanently forfeited.

If Step 8 shows no provider because your country is on FTX's list of jurisdictions not eligible for distributions, see FTX restricted jurisdictions. FTX has not said how the six-month rule applies in that case.

Source: FTX, Distributions Dashboard FAQs (updated September 13, 2026).

Who Will Pay?

FTX customers may be dealing with the U.S. Chapter 11 process, the separate FTX Digital Markets liquidation in the Bahamas, or the FTX Europe process. Check which entity and process apply to your account, because the portals and payment instructions differ.

The European Case

FTX EU Ltd. (Cyprus) is handled outside the U.S. Chapter 11 distributions and is now owned by Backpack. Since May 2025, former FTX EU customers have been able to claim and withdraw their EUR balances through Backpack EU after verification. Check your status on Backpack EU's claims page.

The Bahamas Process

FTX Digital Markets is in a separate Bahamian liquidation administered by its Joint Official Liquidators, including PwC. It is not part of the U.S. Chapter 11 debtor group. Customers who elected the Bahamas process should check their FTX Digital Claim Portal and notices from the liquidators for their claim status and distribution instructions.

The liquidators’ May 27, 2026 notice set June 16, 2026 as the record date for a distribution that began on July 31, 2026, including catch-up payments to eligible Convenience and Non-Convenience creditors. It listed BitGo or Payoneer for retail claims, and BitGo or wire transfers for institutional claims. Eligibility, tax forms and payment setup still had to be completed.

The Global Settlement Agreement coordinates the estates so that FTX.com customers can receive the same recoveries through either process. FTX’s U.S. support FAQ says Bahamas opt-in customers cannot access Step 9 of the U.S. portal; this does not establish that they cannot receive a Bahamas distribution. Check the PwC portal for your own payment status.

PwC distribution notice, May 27, 2026; Official FTX Digital Claim Portal; PwC’s FTX Digital Markets case page.

🇺🇸 The Kroll Process: U.S. and International Customers

This is the primary process for U.S. and international customers, administered through the FTX Customer Portal at claims.ftx.com, with Kroll acting as the court-appointed Notice and Claims Agent. Eligible holders currently choose between three Distribution Service Providers: BitGo, Kraken, or Payoneer.

1) Convenience Class (Small Claims Class)

FTX's July 17, 2026 release states a cumulative 120% distribution for allowed Class 7 Convenience claims. The FTX Customer Portal may show a more precise figure for your claim; check your class and distribution history there.

2) Non-Convenience Class

Non-Convenience claims are paid through multiple distributions. FTX reported cumulative distributions of 105% for Class 5A and Class 5B customer claims and 103% for Classes 6A and 6B in the fifth round. Future amounts and dates remain subject to FTX announcements. Check your Distribution Dashboard (Step 9) for your claim’s cumulative percentage.

Recovery percentages are set by the confirmed Chapter 11 Plan but the exact cumulative amount paid depends on your class and distribution history. For a full walkthrough of your specific numbers, see our Complete Recovery % Guide.

Current cumulative recovery percentages after the fifth distribution

After the July 31, 2026 fifth distribution, FTX reported cumulative distributions of 105% for Class 5A Dotcom Customer Entitlement Claims and Class 5B U.S. Customer Entitlement Claims, and 103% for Class 6A General Unsecured Claims and Class 6B Digital Asset Loan Claims. FTX's official release states a cumulative 120% for Convenience claims; the FTX Customer Portal may show a more precise figure for your claim.

FTX's Q2 2026 report says all interest-bearing claims stopped accruing interest as of July 31, 2026. Before the July 31 distribution, unpaid accrued interest on allowed and estimated allowed claims was $2,413 million (D.I. 36154, Note 12).

Gaps between the first five FTX payouts ranged from 101 to 182 days, or about 3.5 to 6 months. The latest FTX distribution announcement does not set a fixed schedule or promise a fixed total recovery.

Source: FTX’s July 17, 2026 distribution announcement

Litigation: Binance share buyback claims

On July 24, 2026, the bankruptcy court allowed the fraudulent-transfer claims concerning the 2021 share buyback, valued at about $1.76 billion, to proceed against the Binance entities and Changpeng Zhao in Adv. Proc. 24-50222. It dismissed those claims against Lim and Xiao and dismissed the separate state-law counts against the Binance defendants. This was a ruling on motions to dismiss, not a finding of liability or an award of money. The ruling does not set the next distribution date.

Court opinion and order, July 24, 2026

New: NFT Customer Entitlement Claims

Since June 30, 2026, holders of Allowed NFT Customer Entitlement Claims under the confirmed Chapter 11 Plan can begin the NFT distribution process. If this applies to you, log into the FTX Customer Portal and check Step 10 to opt in and provide a valid wallet address.

Preferred Equity Holders: A Separate Track

Holders of FTX preferred equity interests are paid through a separate track — the Preferred Shareholder Remission Fund Trust — not the standard creditor distribution. The first payment to this group was made May 29, 2026. FTX announced a second payment of $18 million for July 31, 2026, bringing total payments from the PSRFT to $95 million. This does not apply to standard Class 5A/5B/6A/6B/7 creditor claims.

Customer Claim Portal Status: What You Need to Check

Understanding the status of your claim is crucial, as it determines whether you are close to being paid or may face delays. Here are the key points:

Note: To check your claim status, log into the portal claims.ftx.com and check at point 5) the upper right indicator (do not rely on the left column status sign as in some cases it may be out of sync with the indicator inside the point 5).

Accepted Claims

If all your checkboxes on claims.ftx.com are green, your claim has been accepted, and you're close to being paid.

Important Note: Checkbox #6 (voting) does not affect your claim's validity. Even if it's not green, you remain eligible for payment.

Claims Submitted But Not Accepted

If your Step 5 (requested amount) shows a blue arrow 🔄, this indicates that your claim has been submitted but is under additional review and not yet accepted. Here's what it means and what you can do:

Why This Happens:

🟡 The claim may include discrepancies, such as amounts that don't match the records, submitting claims for amounts not owed, or misunderstanding eligibility criteria based on your account type. Additionally, supporting documentation might be missing or incomplete—for example, records for pending withdrawals of fiat or crypto that were not processed due to FTX's lack of funds but still deducted from your account balance. All of these issues can result in delays and require careful attention to resolve.

What You Should Do:

• 👉 Log into claims.ftx.com and verify that all required documentation has been submitted accurately.
• 👉 Check your email for any notifications or requests for additional information from the claims team.
• 👉 Be patient, as the review process for disputed claims is conducted on a rolling basis.

Potential Outcomes:

• Your claim may be approved after review and moved to an accepted status.
• If further issues are found, you may receive specific instructions on correcting your submission.

Seek Assistance:

If you are unsure why your claim remains in this status, reach out to us for professional assistance. We can provide a detailed review, explain the implications, and guide you on the next steps to ensure your claim is resolved efficiently.

Incomplete or Rejected Claims

KYC Issues:

The KYC deadlines passed in 2025: March 3 to start the process and June 2 to submit all requested information. FTX says claims covered by the relevant order were disallowed and expunged if those deadlines were missed. If your KYC was never approved, check Step 5 and your FTX emails, and contact us for a review. If access was blocked in error, contact FTX Support.

FTX: KYC statuses and missed deadlines

Disputed Amounts:

If Step 5 shows that your claim is disputed, it may still be under review. Reasons can include claim reconciliation, an ineligible jurisdiction, or a partial payment through FTX Australia that needs to be reconciled. On June 22, 2026, the court signed an order reducing the disputed claims reserve by $600 million to $1.78 billion, or about $1.8 billion (D.I. 35851). Contact us for a review if you have received an objection.

The Trust’s filed Q2 2026 report records the reserve at $6.5 billion (December 11, 2024, D.I. 28689), then reductions to $4.6 billion (July 23, 2025, D.I. 31822), $2.4 billion (January 29, 2026, D.I. 34610) and about $1.8 billion (June 22, 2026, D.I. 35851). The July 2025 press release instead states $4.3 billion; the history here follows the later court-filed report (D.I. 36154, pages 7–8).

June 22, 2026 reserve order (D.I. 35851); Q2 2026 report (D.I. 36154), pages 7–8; July 23, 2025 press release.

Common Mistakes

Wrong Entity:

Ensure you apply through the correct entity associated with your unique claim code. Example: European customers should not submit claims through the international customer process.

Multiple Claims:

If you submitted multiple claims for the same account, these require judicial review. Customer support cannot resolve these issues.

Not Started:

The deadline for submitting FTX customer claims passed on September 29, 2023, at 4 p.m. U.S. Eastern Time. If your claim is marked “Not Started” or was filed late, check your FTX notices and seek a review; a late filing may be disputed and does not guarantee eligibility.

FTX: customer-claims bar date, September 29, 2023

Note about distributor agents and deadline for selecting one

44 restricted jurisdictions (FTX list as of 1 October 2026). Eligible creditors currently choose between three Distribution Service Providers — BitGo, Kraken, or Payoneer — subject to your jurisdiction being eligible. If your jurisdiction shows as blocked at Step 8 of the FTX Customer Portal, you generally have two paths: update your proof of residence if you've genuinely relocated, or transfer/sell your claim through a regulated buyer such as Paxtibi. See our restricted jurisdictions guide for the details.

Immediate Liquidity Options

If the timelines above are not matching your liquidity needs, we offer immediate liquidity options for your FTX claim. Here are the benefits of selling your claim to us:

• 🟢 High payout rates are anticipated for FTX customers as the bankruptcy process unfolds.
• 🟢 Payments in multiple cryptocurrencies.
• 🟢 24/7 assistance for all FTX customers navigating the bankruptcy process.

Contact us for tailored support to meet your immediate liquidity needs.

Conclusion

The FTX compensation process is highly intricate, requiring patience and attention to detail. Whether you are close to receiving payment or facing unresolved issues related to your FTX customer claim, ensure that all your submissions are accurate and complete. For tailored advice or immediate solutions, our team is here to help. Stay informed and patient—resolution is within reach.

FTX Payment Update FAQs